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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Stocks and bonds in Asia were set to decline Thursday, tracking Wall Street losses as an oil rally and stronger-than-expected US economic data fueled inflation concerns and bets on further interest-rate hikes. The yen, near a three-week low, will be in focus as Japanese markets reopen.
Japanese stocks look poised to catch up with a global AI-led rally when trading resumes on Thursday, while a weaker yen keeps currency intervention risk in focus.
Philip R. Lane: The Outlook for the Euro Area Economy
Representative Tim Burchett, a Tennessee Republican, wants to restrict diesel exports and says 'the American public is getting gouged.' Burchett said that big oil companies are 'compounding the problem' with prices at the pump and taking advantage of the American public because they have a monopoly
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Charlie Bouckaert - JPMorgan Global Head of M&A, and Michael Aiello - Weil, Gotshal & Manges Partner. (Source: Bloomberg)
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Wall Street falls as oil prices, Treasury yields rise Reuters
You may have missed it, but hostile regimes that were once shunned are now quietly being normalized. From Myanmar to Afghanistan, Belarus to Venezuela, military dictatorships, hardline Islamists and autocrats are edging their way back into the global order.
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Traders crank up bets on Federal Reserve rate rises after new data fuels worries economy is overheating
The M&A firm Weil is eyeing its own merger options as top leaders within the firm are leaving. Weil Partner Michael Aiello explains the factors he is weighing as he gets ready to join a new firm, and JPMorgan Global Head of M&A Charlie Bouckaert describes the "war for talent." (Source: Bloomberg)